Insurance payout helps Lowestoft car dealer Lings bounce back


Lowestoft car dealership, Lings is now up and running after the recent floods.
Sales manager Ben Thompson at the showroom. Lowestoft automobile dealership, Lings is now up and running right after the latest floods. Product sales manager Ben Thompson at the showroom.

Ben Woods, Organization writer Thursday, March twenty, 2014
11:17 AM

A Lowestoft-primarily based car dealer is on the road to recovery following its insurers agreed to substitute a £1.5m well worth of autos destroyed by the winter storm surge.


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Lings Honda, in Riverside Street, is celebrating being back open for organization with a fresh fleet of autos and motorbikes – a stark contrast to 4 months in the past when it was submerged under 4ft of water.

The firm was forced to scrap nearly 300 vehicles in the aftermath of the freak climate event on the evening of December 5 since the salt water flooding left them past restore.

But the welcome news comes as other businesses across the area are even now struggling to recover from the tidal surge because they did not have adequate insurance cover, or the insurers failed to pay out. The firm, which employs 20 people and has a turnover of £18m, stated it is now considering investing in flood defences to tackle potential climate occasions.

Ben Thompson, product sales manager, mentioned: “We took the Aviva insurance just in situation, but we never expected that we would ever have to use it.

“I expected the worst, but even I did not believe it would be that poor. The entire web site was under 4ft of water and the office had to be gutted.

“We watched the security footage and it only took about twenty minutes for the water to get to knee degree.

“Unfortunately salt water harm is far worse then fresh water damage, so we ended up getting to lose about 200 automobiles and 60 to 70 motorbikes.

“The forecourt is on a slight gradient, so although the ones at the leading acquired wet, the cars on the reduce floor received lifted away from the ground and have been bumping into each and every other. What appeared like a horrible experience at the time has now paid for itself.

“But we have been lucky in the sense that we had paid for powerful

cover.”

Are you even now waiting for an insurance shell out out? Make contact with organization author Ben Woods on 01603 772426.

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